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Business Leadership Strategy: Which MBA Makes The Most Sense?

September 5, 2011 Employment/Careers news in Boston,Massachusetts, United States of America

This week I will assume you have decided to pursue an MBA, and I will address the question of where to study, what to look for in an MBA course and the type of jobs open to you post MBA.




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Boston, Massachusetts, United States of America (Free-Press-Release.com) September 5, 2011 -- Which Business School ?
The latest best Business School MBA program rankings for 2011 had no surprises:
• Stanford University, Stanford, CA
• Harvard University, Boston, CA
• Massachusetts Institute of Technology (Sloan School), Cambridge, MA
• University of Pennsylvania (Wharton), Philadelphia, PA
• Northwestern University (Kellogg), Evanston, IL
• University of Chicago (Booth), Chicago, IL
• Dartmouth College (Tuck), Hanover, NH
• University of California, Berkeley (Haas), Berkeley, CA

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Business Leadership Strategy: Which MBA Makes The Most Sense? Business Leadership Strategy: Which MBA Makes The Most Sense?

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• Columbia University, New York, NY
• New York University (Stern), New York, NY

This ranking is based on average undergraduate GPA, acceptance rate, average starting salary and bonus, and proportion of graduates employed at graduation. Clearly some of these schools are difficult to get into, but once in, the education is first rate and their students have an excellent track record for employment at graduation with some of the best starting salaries. Businessweek also provides a list, which is broken down into full-time, part-time and executive MBA programs. Most of the schools you will recognize, but there are some that you may not. I have included references to both these lists in the resource section below.

My recommendation is to go to one of the best recognized schools you can afford. The name recognition can be very important in landing a great job and salary post graduation, and will also be of value in future job searches too. You will probably need several years’ business experience to get into some of these schools; apart from anything else classmates with experience really enhance the experience.

MBA Course Content
There are other factors I think are important in the school and MBA course you apply to, such as:

• A course that offers a broad understanding of business activities as well as the ability to specialize in several areas.
o The basic course should include: accounting, quantitative analysis, marketing, economics, and organizational behavior minimally.
o Additional course options should include: strategy , finance, legal, operations, international marketing, etc
• Accounting classes have to be a significant part of your course so you are able to analyze, solve problems and make judgments and decisions using the language of business – money, margins and profits.

• I highly recommend attending a school that uses a case study approach so you have a chance to discuss real-life problems and challenges in a team setting.
• It is important you are taught by professors and not their assistants, and that the professors have been in business and experienced ups and downs, problems and successes.
• Seek out schools that offer a high interactive content and participation aspect to their MBA classes.
• And, finally make sure they stress teamwork as well as individual work, so your experience at business school mimics the real world and allows you to learn from others.

Post MBA Careers?

The great thing about an MBA is that you can approach a broad range of industries, services and business opportunities with the knowledge that you have a good understanding and foundation on which to build, along with a bunch of useful tools you will be able to apply to problems and challenges. Some of the more lucrative careers can be found in the booming technology industry, in the management consulting world, investment banking and large industrial firms, but you could also consider starting a business or joining a small enterprise too.

Top MBA Hiring Firms (from CNN Money)
1. Google
2. McKinsey & Company
3. Bain & Company
4. Goldman Sachs Group
5. Apple
6. The Boston Consulting Group
7. Walt Disney
8. Nike
9. J.P. Morgan
10. Johnson & Johnson

I provide below a few resources to get you started on your search for the right business school and MBA class, as will as some reading on the type of careers that you may consider post graduation. Good luck and I hope you have as much fun as I did.

Resources:

http://grad-schools.usnews.rankingsandreviews.com/best-graduate-schools/top-business-schools/mba-rankings
http://www.businessweek.com/bschools/rankings/
http://money.cnn.com/magazines/fortune/mba100/2009/full_list/
http://www.usnews.com/education/best-graduate-schools/top-business-schools/mba-jobs


MP Consulting writes a weekly blog on Social Media, Marketing, Business Strategy and other Key Business Topics. I hope you enjoyed this blog and that you will send me your comments and subscribe and link to my blog at http://mpconsulting.worpress.com. There are a number of free guides and presentations available at my site, and if you need help, or need to ask me a question, then fill out the comment section on my blog or send me an email.

FREE GUIDES ARE AVAILABLE ON STRATEGIC PLANNING; BUSINESS PLANS, MARKETING PLANS, A SOCIAL MEDIA PRIMER FOR BUSINESS, A SOCIAL MEDIA PUBLIC RELATIONS PLAN, AND TIME MANAGEMENT PLANNING. VISIT MY BLOG: CLICK ON THIS LINK http://bit.ly/ikBWe5

MP Consulting Services specializes in the areas of strategic planning, marketing and social media. Mark Philip, principal at MPCS, has over 20 years experience in managing businesses, both small and large, has orchestrated multiple turnarounds, built product pipelines, launched new products, sold companies and created significant shareholder value. Let me know how I can help you with your business challenge

For More Information: visit my blog at http://mpconsulting.wordpress.com or visit my LinkedIn account at http://www.linkedin.com/in/markpconsulting

Copyright © 2011 Mark Philip

More information can be found online at http://mpconsulting.wordpress.com


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  • About the author

    Mark Philip has over 20 years experience in the managing businesses, both small and large, primarily in the pharmaceutical, biotechnology and medical device industry. With expertise in strategic planning, operations, product development, sales and market

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